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Apartment in Mijas Golf, 2 bedrooms, 117 m² €370.000

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2
Bedrooms
2
Bathrooms
117 m²
Surface area
€
€3162
Price per m²
Apartment
Property type
Apartment in Mijas Golf, 2 bedrooms, 117 m² - Hoofdafbeelding
Apartment in Mijas Golf, 2 bedrooms, 117 m² - Afbeelding 1
Apartment in Mijas Golf, 2 bedrooms, 117 m² - Afbeelding 2
Apartment in Mijas Golf, 2 bedrooms, 117 m² - Afbeelding 3
+38 photos

Analysis

Price
€370.000
Own investment (30%)
€111.000
Buyer costs
€37.000
Estimated nightly rate
€111,42
Expected occupancy rate
68%
Gross rental p/m
€0000
Mortgage costs
-€690,67
Maintenance costs
-€97,50
Cleaning costs
-€291,67
Platform fees
-€345,68
Municipal taxes
-€91,12
Tax (19%)
-€149,70
Cashflow p.m.
Earned back in

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Nightly Rates

Estimated nightly rate
€111,42
High season
€149
Mid season
€108,50
Low season
€87

Price determining factors

  • Proximity to beaches, golf courses, and amenities increases desirability.
  • Community facilities like pools and gardens add value.
  • Potential for rental income from tourism and seasonal visitors.
  • Property size and layout are attractive for both residents and investors.

Comparable accommodations

Rate Hotel / apartment Distance

Return & Value appreciation

Annual return

6.90%

5 Year Return

34.50%

10 Year Return

69.00%

ROI Distribution

Value development

Factors for value appreciation

  • Property condition: Well-maintained with modern amenities, likely to attract buyers and renters.
  • Local market trends in 2027: Growing demand for holiday and retirement homes in Spain, especially in popular golf destinations.
  • Property type: Apartments in gated communities tend to appreciate steadily due to security and amenities.
  • Economic outlook in 2027: Expected moderate growth in Spain's economy, supporting real estate investments.
  • Demographic developments: Increasing number of retirees and expatriates seeking properties in Spain.
  • Infrastructure plans in 2027: Ongoing improvements in transportation and local amenities enhance property value.
  • Historical WOZ value trends: Consistent increase in property taxes indicating rising property values.

Possible improvements

  • Renovate kitchen and bathrooms for modern appeal.
  • Add smart home features for convenience and security.
  • Improve outdoor spaces, such as landscaping or adding a terrace.
  • Upgrade fixtures and fittings to increase luxury appeal.

Description

Discover this stunning apartment in Mijas Golf, one of Spain's most sought-after golf destinations. Perfect for golf enthusiasts and those seeking tranquility, this property offers breathtaking views of the lush golf course and surrounding mountains. The spacious layout includes two large bedrooms with built-in wardrobes overlooking the communal gardens, ensuring a peaceful ambiance with minimal noise. Featuring two full bathrooms, including a convenient en-suite, and an expansive living-dining area that opens onto a generous terrace, this apartment is ideal for relaxing or entertaining while enjoying spectacular views. An elongated hallway efficiently connects all rooms and includes an additional guest toilet, enhancing the functionality of the space. The property comes with one underground parking space and private storage, adding to its practicality. Situated within a secure, gated community with tropical gardens and a communal pool, this apartment offers the perfect blend of comfort and leisure. Its proximity to beaches, local amenities, and golf courses makes it a compelling investment opportunity or a perfect year-round residence in Mijas Golf, Spain. Don’t miss the chance to own a piece of this idyllic location—schedule your viewing today.

Location

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